Average property tax in Brooklyn (2025–2026)

The median one- to three-family home in Brooklyn pays about $7,687 a year in property tax — an effective rate of roughly 0.63% of its market value, computed from the city’s current assessment roll.

Property tax rates are set citywide, so Brooklyn uses the same class rates as the rest of New York City — what differs is assessed values. For fiscal year 2026 the rates are 19.8433% for Class 1 homes and 12.439% for Class 2 (condos, co-ops, and larger residential buildings), applied to a taxable value far below market price — 6% of market value for Class 1, with strict growth caps.

What a typical Brooklyn home actually pays

Computed directly from the city’s current assessment roll (432,012 Class 1 tax lots in Brooklyn):

Median annual property tax (Class 1 homes)$7,687
Median DOF market value$1,221,000
Effective tax rate on market value0.63%

Medians computed from NYC Open Data assessment records; individual bills vary with exemptions and abatements.

Look up any Brooklyn address

Get the actual tax bill, assessed value, exemptions, and building record for a specific property:

Brooklyn property tax lookup →

Or estimate a full monthly payment — taxes included automatically — with the mortgage calculator, or a yearly bill from any market value with the property tax calculator. For how the system works, see the complete guide to NYC tax rates.

Recent Brooklyn sales

More NYC property taxes

Property tax calculator421-a expiration calculatorEffective rates by borough & ZIPManhattanQueensBronxStaten Island

Figures computed from official NYC Department of Finance and NYC Open Data records, refreshed automatically — see how BlockBook sources its data. Spot an error? Tell us.